Treehouse Hostage is a 1999 family film directed by Sean McNamara and starring Jim Varney and Joey Zimmerman. It is one of Varneys final films before his death in 2000.
Carl Banks tries to print some more money and finds one of the counterfeit plates but cant print any money when his crooked exboss and his cops, who are counterfeiters as well, catch him at his base. He runs into Timmy Taylors backyard and ends up in his treehouse. Timmy and his two best friends keep him hostage in Timmys treehouse so that Timmy can take him to school on Monday to ace Current Events.However, keeping a major criminal hostage is more of a handful than they expected, due to the huge wedgies that Carl delivers. Until Timmy figures out that Carl is in the middle of a major counterfeit ring, Timmy amp his friends help get revenge on the men who treated Carl badly surprisingly, Timmys principal is Carls exboss who turned him into the authorities, in exchange for counterfeit money, of course. ........
Source: Wikipedia